An experienced builder transforms into a buyer

Article Abstract:

Huntington Valley, PA-based Toll Bros Inc.'s founder and president, Bruce E. Toll, has formed a new company called BET Investments. BET Investments, which buys rental properties, is composed of Toll and executive vice president Michael Markman, who used to work with Kranzco Realty Trust in Conshohocken, PA. Toll hopes to expand the new company to eight to 10 employees by 1999. Since the company was formed in 1997, it has acquired 10 office buildings and 1,500 apartments in five complexes. Toll said that he will be buying $50 million more in properties.

Comment:

Buyer of rental properties is composed of Bruce E. Toll and executive vice president Michael Markman

Real Estate Management, Activities Related to Real Estate, BET Investments

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An appeal from the floor to our impulsive natures

Article Abstract:

Floorgraphics Inc., an advertising company based in Cherry Hill, PA, makes advertisements and leases advertising floor space in stores, including all 2,200 Kmart stores across the US. Some of the company's clients include Pepsi and other major companies. The idea of placing ads on the floor was the brainchild of the company's president and chairman, Fred Potok, who was formerly involved with graphics and decals for buses, vans and trucks. Potok worked with two of his former high school classmates in developing the concept.

Comment:

Makes advertisements & leases advertising floor space in stores, including all 2,200 Kmart stores across US

Outdoor Advertising, Display Advertising, Floorgraphics Inc.

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Greeting card firms need cheering up; stocks have sagged amid slow growth and Internet competition; Gibson and American would appreciate get-well messages from Wall Street

Article Abstract:

Only two out of 1,800 greeting card companies are public, Gibson Greetings Inc. of Cincinnati and American Greetings Inc. of Cleveland. American's market share is 29.4%; Gibson's is 5.5%. The largest, Hallmark's, is 52%, but, of course, it is privately held. American is regrouping its distribution model and Gibson is planning layoffs. Internet greetings may be part of the reason for the industry's sales slump. Amazon is about to start selling cards online, also.

United States, Market share, Other Commercial Printing, Greeting Cards, Abstract, American Greetings Corp., Gibson Greetings Inc.

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